(Reuters) - Federal Reserve Bank of St. Louis President William Poole reiterated on Monday the Fed's main concern remained inflation, adding he could be inclined to raise interest rates if price pressures did not abate. Poole is a voting member this year.
"Fed's Poole came out and said there is a high hurdle for cutting rates. He is bullish on the economy. You can say Fed's Poole is one of the reasons why the market is a little bit cheaper," said Thomas di Galoma, head of U.S. Treasury trading at Jefferies & Co. in New York.
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